2026-01-15 14:22:31

From a technical perspective, the watershed for this wave of market movement is at $940.

**Bullish logic**: As long as this level holds, with a subsequent increase in trading volume, breaking through $954 is almost certain, and reaching $950 is not a dream. The Federal Reserve's rate cut expectations are still being hyped, coupled with positive news from platforms, giving the bulls reason to continue pushing higher.

**Potential for decline**: Conversely, if the price breaks below $940, stop-loss orders will follow one after another, possibly returning to the $925-$930 zone where supply is dense to stabilize. At such times, either the market is cashing out previous gains, or Bitcoin is underperforming, dragging down the entire market.

**Consolidation in the middle**: There’s also a good chance of trading within the $930-$950 range, especially when mainstream coins lack clear direction and trading volume is sluggish, indicating the market is waiting for a true breakout signal.

BTC-0.54%

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MEVvictim

· 2h ago

The 940 level is indeed critical, but with the current mainstream coins so sluggish, can it really provide support?

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HodlVeteran

· 2h ago

I've seen this 940 hurdle too many times. Every time, I say holding steady is a bull market, but in the end... it still depends on the Federal Reserve's mood. If it breaks 940, get ready to buy the dip. The 925-930 range has already been marked; it's the blood and tears ledger of the retail investors.

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GasFeeCry

· 3h ago

If I can't hold this 940 line, I'm just going to lose everything, I bet.

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NFTArchaeologist

· 3h ago

This level 940 really has to be held, or else you'll have to start over. Once broken, don't mess around anymore; just wait for the bottom to buy in. That's how the crypto world is—one moment they say to push past 900+, and the next they have to prevent a fall. Tiring. Feels like consolidation is better, at least it can reduce losses. If BTC isn't performing well, everything else is pointless. Ultimately, it still depends on Bitcoin's mood.

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YieldWhisperer

· 3h ago

This 940 level is really a life-and-death line. If broken, you have to wait for the bleeding to stop. If the bulls can't hold it, all the hype is in vain.

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